Key Quantitative Figures and Investment Details

The combined proposed investment across four projects is approximately ₹1,415 crore.

Project 1: Greenfield Aluminium Casting Facility at Hosur

  • Estimated Capex: ₹510 crore
  • Capacity Enhancement: Aluminium casting capacity at the Hosur location to be enhanced from ~13,000 MT to 30,000 MT at peak.
  • Timeline: To be implemented in a phased manner over the next three years. Phase 1 is expected to commence production by Q4FY28. Existing Hosur operations are to be consolidated and relocated to the new facility by Q1FY29.
  • Location: Thally Road, Hosur.
  • Product Range: The new facility will manufacture various structural and general application parts, including EV/powertrain applications and approximately 1.0 million High-Pressure Die Casting (HPDC) two-wheeler alloy wheels.

Project 2: Expansion cum Relocation of Two-Wheeler Alloy Wheel Capacity

  • Estimated Capex: ₹155 crore
  • Capacity: A 3.3 million-unit two-wheeler alloy wheel capacity expansion.
  • Relocation: This includes the strategic relocation of 2.0 million units of existing capacity from Supa, Maharashtra, to a new plant in Kharkhoda, Haryana.
  • Timeline: To be implemented in a phased manner over the next two years, with Phase 1 expected to commence production by Q4FY28.

Purpose and Rationale

The expansions are intended to strengthen the company's manufacturing footprint, boost capacities across key divisions, and cater to surging demand from leading Original Equipment Manufacturers (OEMs). The Kharkhoda expansion specifically aims to align production with shifting customer geographic demand and enhance geographical diversification in North India.

Company Background

Uno Minda Limited, incepted in 1958, is described as a global technology leader in auto component and systems manufacturing. The group has 78 manufacturing facilities and 37 R&D and Engineering Centres globally, with 18 Joint Ventures/Technical Agreements.

Disclaimer

The document contains a safe harbour statement noting that it may contain forward-looking statements based on management's beliefs and opinions, which are not guarantees of future performance.